Penns Woods Bancorp, Inc. (PWOD)

17.60 +0.32 (+1.85%) At close: 04:00PM EDT

Penns Woods Bancorp, Inc.

300 Market Street
PO Box 967
Williamsport, PA 17703-0967
United States
570 322 1111
https://www.pwod.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 308

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Richard Allen Grafmyre CFP	CEO & Director	1.59M	N/A	1954
Mr. Brian L. Knepp CGMA, CPA	President, CFO & Director	355.62k	N/A	1975
Mr. Aron M. Carter	Senior VP & Chief Risk Officer	198.85k	N/A	1973
Ms. Michelle M. Karas CFMP, PCm	Senior VP, Secretary & Chief Data Officer	199.25k	N/A	1967
Mr. Mark Beatty	Chief Information Officer & Senior VP	N/A	N/A	N/A
Ms. Christine M. Barto	Senior VP & Chief Human Resources Officer	N/A	N/A	N/A
Mr. Jack W. Jones	Senior VP & Chief Banking Officer	N/A	N/A	N/A
Mr. Gerald J. Seman	President of Mortgage Services	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Penns Woods Bancorp, Inc. operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations. It accepts time, demand, and savings deposits, including super NOW accounts, statement savings accounts, money market accounts, and certificates of deposit, as well as checking and individual retirement account (IRAs) accounts. The company also offers loan products comprising residential, commercial, and construction real estate loans; agricultural loans for the purchase or improvement of real estate; commercial loans for the acquisition and improvement of real estate, purchase of equipment, and working capital purposes; letters of credit; consumer loans, such as construction and residential mortgages, home equity loans and lines, automobile financing, personal loans and lines of credit, and overdraft and check lines; and revolving credit loans with overdraft protection. In addition, it provides securities brokerage and financial planning services, which include the sale of life insurance products, annuities, and estate planning services; property and casualty, and auto insurance products; safe deposit services; ATM services; and Internet and telephone banking services. Further, the company engages in real estate transactions and investment activities. It operates through a network of offices located in Clinton, Lycoming, Centre, Montour, Union, Blair, and Luzerne Counties, Pennsylvania. Penns Woods Bancorp, Inc. was founded in 1934 and is headquartered in Williamsport, Pennsylvania.

Corporate Governance

Penns Woods Bancorp, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 10. The pillar scores are Audit: 9; Board: 6; Shareholder Rights: 9; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.